Mon.Sep 05, 2022

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How financial services can build trust in the digital age

Bobsguide

According to research by PwC , trust in financial services has been eroded – fewer than one in three consumers trust their bank. This is perhaps unsurprising: financial services executives are perceived to be overpaid; consumers fail to see that policies and regulatory updates have delivered ‘real change’; and there is an absence of better alternatives.

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UK facing 1970s-style balance of payments crisis under Liz Truss

TheGuardian

Tax cuts and spending pledges could spook global markets and trigger a collapse in sterling, Deutsche Bank warns Britain could face a 1970s-style balance of payments crisis in which the pound crashes if Liz Truss’s government loses the confidence of international investors, one of Europe’s biggest banks has warned. In a note entitled “Crunch time for sterling”, published on the day Truss won the Conservative leadership race , Deutsche Bank’s foreign exchange analyst Shreyas Gopal said a large, u

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Mastercard and Amjan Bank launch the Touch Card

The Paypers

Mastercard and Amjan Bank have launched the Touch Card, allowing blind and partially sighted people to distinguish between their cards and make payments.

Cards 68
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More ‘banking hubs’ to open across UK to tackle branch and ATM closures

TheGuardian

Additional 13 hubs will bring total to 25, where customers of almost any bank can carry out transactions More shared “banking hubs” are to be rolled out across the UK to help communities hit by branch and ATM closures to get continued access to cash. A banking hub is a shared service that operates in a similar way to a standard branch, with a counter service run by Post Office staff where customers of almost any bank can withdraw and deposit cash, make bill payments and carry out regular transac

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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Shopify warns merchants of fraud when shopping with Prime

The Paypers

Shopify has insisted that merchants utilising Amazon ’s Buy with Prime will cu out its ability to protect against fraud.

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More Trending

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Jumia taps Zipline to bring drone delivery in Ghana

The Paypers

Nigeria-based ecommerce company Jumia has partnered with logistics company Zipline to offer delivery via drone to remote parts of Ghana.

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Fannie Mae and Freddie Mac are safe, profitable, and should be set free

American Banker

Policies 101
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EBA calls for collaboration between AML/CFT colleges

The Paypers

The European Banking Authority (EBA) has called for more collaboration and proactive information exchange between anti-money laundering and counter-terrorist financing colleges.

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Indonesian regulator sets a higher bar for P2P lenders

The Banker

Financial services authority OJK moves to control the booming peer-to-peer market, creating stumbling blocks for newcomers. James King reports.

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The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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Revolut eyed by UK regulators for audit flaws

The Paypers

Europe-based digital banking platform Revolut has reportedly been under pressure from its auditors to improve internal controls after UK-based regulators found flaws in the bank’s auditing accounts.

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20 banks and thrifts with the biggest securities portfolios

American Banker

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Germany intends to create a new financial crime authority

The Paypers

The German Finance Ministry has revealed its plans to create a new financial crime authority that would bring several fragmented competencies, including sanctions enforcement, under one roof.

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BOB Financial, Snapdeal introduce co-branded JCB RuPay contactless credit card

The Paypers

India-based acquirer BOB Financial and Snapdeal have partnered with National Payments Corporation of India (NPCI) and JCB to launch the Snapdeal BoB JCB RuPay credit card.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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Pinewood partners with Vyne

The Paypers

Account-to-account payments platform Vyne has partnered with global solutions provider for automotive dealer management Pinewood to deliver Open Banking payments.

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Binance in talks to create virtual free zone in Nigeria

The Paypers

The Nigeria Export Processing Zones Authority (NEPZA) has teamed with crypto FX Binance to create a virtual free zone for blockchain development.

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E-signature scaleup Skribble raises CHF 10 million

The Paypers

Switzerland-based e-signature service Skribble has secured CHF 10 million as part of its Series A financing.

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Alloy raises USD 52 mln in Series C extension

The Paypers

US-based ID verification platform Alloy has raised USD 52 million in am extension to its C round.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.